July 12, 2018
Consumers really need clear regulations concerning broker/dealer and client obligations to make known all fees when making retirement investments. I am a retiree and I looked to my financial advisor to make me aware of all cost associated with my investment as he/she is supposed to be the professional in this area. If fees are eating up my investment I need to know the amount so that I can make the best decision/choice.
Please incorporate clear and concise policy to ensure financial advisors are obligated to disclose all fees and make recommendations that are in the best interest of the client.